The majority of the economic crisis was the result of mass fraud, negligence, and greed within our most trusted financial giants, which is still continuing today. Many of these financial giants received financial bail outs from our government.
Credit card companies increased interest to 31% when citizens were in trouble, just to earn a quick buck. Lenders swapped our mortgages to rake in cash.
Millions of our citizens were forced into bankruptcy or foreclosure, as a result of these financial giants refusal to allow them to sell their homes, refinance into a more secure mortgage, or to offer even the slightest bit of consideration after what they caused, because there were no regulations to protect us.
Bankruptcy Status should be waived if citizens can show their lender was negligent